Miguel Lauro

Miguel, 58, is single living just with his son in a village in Nueva Frontera, Santa Bárbara. He’s worked his entire life in agriculture and animal husbandry. He has many years’ experience with growing corn, beans and coffee. He sells his production in the local market.

He’s requested a 25,000 Lempira loan to buy fertilizer and manure for the coffee farm and for the bean and corn crops. He will also pay laborers to do the coffee pruning. He hopes to attain better crop yields and increased sales with the good care he’ll provide his crops. His goal is to buy ten cows and a truck to generate additional income.

Additional Information

This loan is administered by Organización de Desarrollo Empresarial Femenino Financiera, S.A. (ODEF), a Kiva Field Partner in Honduras. A leader in the microfinance sector since 1985, ODEF strives to combat poverty by offering a wide array of financial services to low-income men and women. The organization works with its parent NGO, ODEF OPD, to provide training and technical assistance to impoverished microentrepreneurs. By incorporating the entire family unit in this process, ODEF OPD aims to improve the standard of living through the creation of profitable enterprises. Visit ODEF’s partner page for more information.